Finance

We act as a credit broker, not a lender. We work with a number of carefully selected credit providers who may be able to offer you finance for your purchase.

We know that purchasing a vehicle is a big investment for most people. We can assist you in exploring a range of finance options to help make your vehicle purchase more manageable.

Finance is often a major part of our customers’ car buying journeys, so we have taken the necessary steps to offer some great packages as well as peace of mind. As a Financial Conduct Authority (FCA) registered dealership, we have developed relationships with a wide range of lenders nationwide for your convenience.

Car Finance Explained

There are three main types of finance deals that you might want to consider:

Hire Purchase

Sometimes just referred to as HP, this is a loan secured against the vehicle itself. This is a great choice for people who want to spread out the cost of their car. Typical HP deals involve a deposit and the rest of the balance is paid in instalments, plus interest. Once you’ve paid your final instalment, you own the car outright.

Personal Contract Purchase (PCP)

This is a good option for those who like to change their car every few years but don’t want to fork out a big sum each time. You will typically be asked to pay a deposit followed by monthly payments. At the end of the agreed period, for example, three years, you will have the option of paying the rest of balance, returning the vehicle or using any residual value on a deal with your next car.

Personal Leasing (Contract Hire)

Contract Hire deals are very much like the PCP deals described above, however, you won’t have an option to buy the car outright at the end of the deal. 

So, whatever your credit history, we are in a position to create the perfect finance solution for you. Get in touch with a member of our friendly team to find out what your options are.

Paul Jenkins t/a SPJ Vehicle Sales (FRN - 1044272) is an Appointed Representative of The Compliance Guys Ltd, which is authorised and regulated by the Financial Conduct Authority (FRN – 941360).  We act as a credit broker, not a lender. We work with a number of carefully selected credit providers who may be able to offer you finance for your purchase. (Written Quotation available upon request).  Whichever lender we introduce you to, we will typically receive commission from them (either a fixed fee or a fixed percentage of the amount you borrow), and this may or may not affect the total amount repayable. The lender will disclose this information before you enter into an agreement, which only occurs with your express consent. The lenders we work with could pay commission at different rates, and you will be notified of the amount we are paid before completion. All finance is subject to status and income. Terms and conditions apply. Applicants must be 18 years or over. We are only able to offer finance products from these providers. As we are a credit broker and have a commercial relationship with the lender, the introductions we make are not impartial, but we will make introductions in line with your needs, subject to your circumstances.